Investment 50 m² in Arona, Spain

Arona, Spain
Archive cost €380,000
Sold or out of date
Updated at: 22/04/2021

Location

Country: Spain
State: Canary Islands
Region: Santa Cruz de Tenerife
Town: Arona
Address: Avenida de los Pueblos

Property parameters

Total area: 50 m²

Description

TMN-1293. Plot for construction in the center of Adehi In the municipal center of Adehe, in the south of the island it is proposed to sell a plot for the development of a residential building. There is an approved project and estimate.

The project involves the construction of 6 apartment houses (50m2 each), with 2 commercial premises (30m2 each) on the lower floor and a garage with 6 parking spaces. The cost of the plot with the project, with the license for construction and technical support will be 380.000 euros. Turnkey construction costs will amount to 450.000 euros. Total 830.000 euros. Sales revenue is estimated to be about 45-50% of the amount invested.

Additional Company Services: - Check of legal purity - Legal support of the transaction with guarantee of receipt of all documents on ownership - Travel: Air tickets booking at minimum price - Post-sale service - resolution of any real estate maintenance issues

TMN-1293

Location

Arona, Spain